Commission president Ursula von der Leyen has confirmed that 37% of the Next Generation EU fund, worth €750bn, will be spent directly on the European Green Deal objectives.
The president has also said that the Commission stands poised to increase the 2030 emissions reduction target from 40% to 55% from 1990 levels, putting the bloc on track for climate neutrality by 2050.
Earlier this month, the European Parliament’s agriculture committee (COMAGRI) called for a 55% cut in emissions by 2030, with an intermediate target for 2040 and proper funding to achieve both.
Von der Leyen said: “There is no more urgent need for acceleration than when it comes to the future of our fragile planet. The revised 2030 target is ambitious, achievable and beneficial for Europe.”
Green transition
Agriculture MEPs adopted the opinion with 35 votes in favour to eight against and called on the Commission to review the 2030 target by June 2021.
A legislative proposal for a 2040 target is to be submitted by the end of September 2028.
COMAGRI also called for a carbon credit scheme for farmers and changes to trade policy to make access to EU markets conditional on higher production standards, with a focus on agriculture.
Asger Christensen MEP said: “The calls are very ambitious and balanced. Our proposals emphasise that agriculture will be an important part of the green transition.”
President von der Leyen plans a revision of the regulation on greenhouse gas emissions and removals from land use, land use change, forestry and a legislative proposal for a sustainable product policy initiative.
By next summer, the EU’s executive will revise all of the bloc’s climate and energy legislation to make it ‘fit for 55’.
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Commission president Ursula von der Leyen has confirmed that 37% of the Next Generation EU fund, worth €750bn, will be spent directly on the European Green Deal objectives.
The president has also said that the Commission stands poised to increase the 2030 emissions reduction target from 40% to 55% from 1990 levels, putting the bloc on track for climate neutrality by 2050.
Earlier this month, the European Parliament’s agriculture committee (COMAGRI) called for a 55% cut in emissions by 2030, with an intermediate target for 2040 and proper funding to achieve both.
Von der Leyen said: “There is no more urgent need for acceleration than when it comes to the future of our fragile planet. The revised 2030 target is ambitious, achievable and beneficial for Europe.”
Green transition
Agriculture MEPs adopted the opinion with 35 votes in favour to eight against and called on the Commission to review the 2030 target by June 2021.
A legislative proposal for a 2040 target is to be submitted by the end of September 2028.
COMAGRI also called for a carbon credit scheme for farmers and changes to trade policy to make access to EU markets conditional on higher production standards, with a focus on agriculture.
Asger Christensen MEP said: “The calls are very ambitious and balanced. Our proposals emphasise that agriculture will be an important part of the green transition.”
President von der Leyen plans a revision of the regulation on greenhouse gas emissions and removals from land use, land use change, forestry and a legislative proposal for a sustainable product policy initiative.
By next summer, the EU’s executive will revise all of the bloc’s climate and energy legislation to make it ‘fit for 55’.
Read more
Questions and answers: new animal medicine laws
Mercosur trade agreement fails the sustainability test - Oxford report
Lead ban threatens 100,000 farmers’ guns
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